Match each type of business with one of its features.

a. sole proprietorship unlimited liability

b. general partnership public regulation

c. public corporation stockholder control

d. government corporation collective decision making

Suppose that because of the popularity of the low-carb diet, bakeries need fewer workers and steak houses need more workers. The unemployment created by this change is: A. frictional unemployment created by sectoral shifts. B.

Which of these statements about cycle inventory is BEST? A. Cycle inventory exists to avoid customer service problems. B. Cycle inventory is used to compensate for cycles in supply or demand. C.

What are the 4 steps of the closing process for a merchandising company?

billions of dollars Personal consumption expenditures 1,000 Gross private domestic investment 500 Net exports 300 Imports 180 Federal government purchases of goods and 280 services State and local government purchases of goods 200 Transfer Payments

Ikea (a swedish home furnishings company) produces desks that are made in poland. the value of these imported desks sold at an ikea store in the united states counts toward:

On January 1, X9, Gerald received his 50% profits and capital interest in High Air, LLC in exchange for $2,000 in cash and real property with a $3,000 tax basis secured by a $2,000 nonrecourse mortgage.

A company's profit motive benefits consumers by ensuring the products and services they need are available at a high quality. what is this describing? A. The invisible hand B. Mixed economy C. Laissez-faire D. Private enterprise

A newspaper story discussing high profits and low unemployment indicates a strong economy -true -false

The 1,000 accounts receivable of Baker Company have a total book value of $30,000 (Average book value = $30). Wendy Duffo, CPA, has selected and audited a sample of 50 accounts with the following mean values:1. Book value of $29.002.

Why does Australia use the mixed economic system?